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Dow Falls 142.21, Led by Microsoft

Global Tensions, Fed Outlook Are Drags

By

Steven Russolillo And

Kristina Peterson

Updated Nov. 23, 2010 5:36 p.m. ET

NEW YORK—Stocks tumbled as investors fretted over the skirmish between North Korea and South Korea, lingering euro-zone debt uncertainty and the Federal Reserve downgrading its U.S. economic projections.

"Global news continues to dominate the markets currently even though domestic news has been better than expected," said Nino Jimenez, senior vice president at Brinson Patrick Securities.

The Dow Jones Industrial...

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